Meet The Youngest Arms Dealers - The News Junkie
The News Junkie: Meet The Youngest Arms Dealers

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Thursday, March 27, 2008

Meet The Youngest Arms Dealers

David And Efraim, 25 And 22, Supply 'Junk' Ammo To U.S. Forces:



With the award last January of a federal contract worth as much as nearly $300 million, the company, AEY Inc., which operates out of an unmarked office in Miami Beach, became the main supplier of munitions to Afghanistan’s army and police forces.

Since then, the company has provided ammunition that is more than 40 years old and in decomposing packaging, according to an examination of the munitions by The New York Times and interviews with American and Afghan officials. Much of the ammunition comes from the aging stockpiles of the old Communist bloc, including stockpiles that the State Department and NATO have determined to be unreliable and obsolete, and have spent millions of dollars to have destroyed.


How in the hell does a company run by a 22-year-old punk who is the only employee get a federal contract worth $300 million? Somewhere along the line there was a massive failure here. AEY has a history of providing less-than-stellar product and accepting large piles of cash to do so. Some of the ammo may have come from China which would be a breach of U.S. law. How many more shady companies just like AEY are flying under the radar? Here's how they did it...

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